Comcast Stock (CMCSA) Rises as Versant Spin-Off Nears: Latest News, Analyst Targets, and 2026 Outlook
Comcast shares traded at $27.81 midday Friday, up 2.2%, after the board approved the Versant Media Group spin-off. The stock remains well below its 52-week high of $43.30 and is down 13% over the past year, underperforming the S&P 500. Comcast shareholders will receive one Versant share for every 25 Comcast shares held, with the spin-off distribution set for January 2, 2026.